Month: February 2015

The project to build the V&A Museum of Design Dundee has taken a major step forward with the signing of the construction contract between Dundee City Council and BAM Construction.

Work on site will begin next month under the £80.11 million project, with the main building completed by the end of 2017 and opened to the public before June 2018.

Completion of V&A Dundee will help create hundreds of jobs and inject millions of pounds into the economy.

Dundee City Council administration leader Councillor, Ken Guild, said: “I am delighted that work to create a world-class museum and visitor centre will start soon at the heart of our central waterfront.

“This project will help to attract further investment into the city and we are already experiencing unprecedented levels of investor interest in Dundee.

“Construction of V&A Dundee will give our economy a significant boost and help to create hundreds of jobs. The building project itself will also bring considerable attention to Dundee as the vision of architect Kengo Kuma takes shape.”

Regional Director of BAM Construction in Scotland, Doug Keillor, said: “This is the most unique construction project that my team have ever been involved in, both in architectural vision and in the way it will be built. It’s challenging, but in a good way.

“Watching it take shape over the next few years using a combination of local, national and international expertise, will be very satisfying.”

The project to build the V&A Museum of Design Dundee has taken a major step forward with the signing of the construction contract between Dundee City Council and BAM Construction.

Work on site will begin next month under the £80.11 million project, with the main building completed by the end of 2017 and opened to the public before June 2018.

Completion of V&A Dundee will help create hundreds of jobs and inject millions of pounds into the economy.

Dundee City Council administration leader Councillor, Ken Guild, said: “I am delighted that work to create a world-class museum and visitor centre will start soon at the heart of our central waterfront.

“This project will help to attract further investment into the city and we are already experiencing unprecedented levels of investor interest in Dundee.

“Construction of V&A Dundee will give our economy a significant boost and help to create hundreds of jobs. The building project itself will also bring considerable attention to Dundee as the vision of architect Kengo Kuma takes shape.”

Regional Director of BAM Construction in Scotland, Doug Keillor, said: “This is the most unique construction project that my team have ever been involved in, both in architectural vision and in the way it will be built. It’s challenging, but in a good way.

“Watching it take shape over the next few years using a combination of local, national and international expertise, will be very satisfying.”

The project to build the V&A Museum of Design Dundee has taken a major step forward with the signing of the construction contract between Dundee City Council and BAM Construction.

Work on site will begin next month under the £80.11 million project, with the main building completed by the end of 2017 and opened to the public before June 2018.

Completion of V&A Dundee will help create hundreds of jobs and inject millions of pounds into the economy.

Dundee City Council administration leader Councillor, Ken Guild, said: “I am delighted that work to create a world-class museum and visitor centre will start soon at the heart of our central waterfront.

“This project will help to attract further investment into the city and we are already experiencing unprecedented levels of investor interest in Dundee.

“Construction of V&A Dundee will give our economy a significant boost and help to create hundreds of jobs. The building project itself will also bring considerable attention to Dundee as the vision of architect Kengo Kuma takes shape.”

Regional Director of BAM Construction in Scotland, Doug Keillor, said: “This is the most unique construction project that my team have ever been involved in, both in architectural vision and in the way it will be built. It’s challenging, but in a good way.

“Watching it take shape over the next few years using a combination of local, national and international expertise, will be very satisfying.”

The project to build the V&A Museum of Design Dundee has taken a major step forward with the signing of the construction contract between Dundee City Council and BAM Construction.

Work on site will begin next month under the £80.11 million project, with the main building completed by the end of 2017 and opened to the public before June 2018.

Completion of V&A Dundee will help create hundreds of jobs and inject millions of pounds into the economy.

Dundee City Council administration leader Councillor, Ken Guild, said: “I am delighted that work to create a world-class museum and visitor centre will start soon at the heart of our central waterfront.

“This project will help to attract further investment into the city and we are already experiencing unprecedented levels of investor interest in Dundee.

“Construction of V&A Dundee will give our economy a significant boost and help to create hundreds of jobs. The building project itself will also bring considerable attention to Dundee as the vision of architect Kengo Kuma takes shape.”

Regional Director of BAM Construction in Scotland, Doug Keillor, said: “This is the most unique construction project that my team have ever been involved in, both in architectural vision and in the way it will be built. It’s challenging, but in a good way.

“Watching it take shape over the next few years using a combination of local, national and international expertise, will be very satisfying.”

More than 45 jobs will be relocated to Glasgow’s east end, when researchers working to address the city’s poor health, move into Bridgeton’s historic Olympia building.

A team of 15 covering five of the University of Glasgow’s schools and nine of its research centres will share the space with 30 staff from the Glasgow Centre for Population Health (GCPH).

The latest move means almost 2,000 office workers have made Bridgeton or Dalmarnock their new home over the last three years.

Social Justice Secretary Alex Neil welcomed the new tenants on a visit to the Olympia, which was reopened by Clyde Gateway after a £10 million refurbishment.

He said: “Thanks to the legacy of the Commonwealth Games and Clyde Gateway’s commitment to redeveloping the area, the east end of Glasgow has transformed beyond recognition over the last few years.

“With the University and GCPH now moving east it’s clear that perceptions are changing and organisations now have the confidence to relocate to this vibrant, evolving area.

“We’ve already seen how physical changes are improving the lives of the people and communities who live there, and these new 45 jobs will bring even more benefits to the local economy.

“I’m excited to see how the tenants will continue their valuable research in these new surroundings, and establish how we can bridge the poverty gap and tackle inequalities in Glasgow.”

Ian Manson, the Chief Executive of Clyde Gateway said: “These are 45 jobs new to the east end of Glasgow and it means we are now getting close to almost 2000 office workers having made their new home in Bridgeton or Dalmarnock in the past three years alone. The spin-offs to the local economy from such numbers are enormous.

“I’m very confident that many more forward-looking and innovative organisations will also be looking to make their presence felt here in the heart of Scotland’s biggest and most ambitious regeneration area.”

More than 45 jobs will be relocated to Glasgow’s east end, when researchers working to address the city’s poor health, move into Bridgeton’s historic Olympia building.

A team of 15 covering five of the University of Glasgow’s schools and nine of its research centres will share the space with 30 staff from the Glasgow Centre for Population Health (GCPH).

The latest move means almost 2,000 office workers have made Bridgeton or Dalmarnock their new home over the last three years.

Social Justice Secretary Alex Neil welcomed the new tenants on a visit to the Olympia, which was reopened by Clyde Gateway after a £10 million refurbishment.

He said: “Thanks to the legacy of the Commonwealth Games and Clyde Gateway’s commitment to redeveloping the area, the east end of Glasgow has transformed beyond recognition over the last few years.

“With the University and GCPH now moving east it’s clear that perceptions are changing and organisations now have the confidence to relocate to this vibrant, evolving area.

“We’ve already seen how physical changes are improving the lives of the people and communities who live there, and these new 45 jobs will bring even more benefits to the local economy.

“I’m excited to see how the tenants will continue their valuable research in these new surroundings, and establish how we can bridge the poverty gap and tackle inequalities in Glasgow.”

Ian Manson, the Chief Executive of Clyde Gateway said: “These are 45 jobs new to the east end of Glasgow and it means we are now getting close to almost 2000 office workers having made their new home in Bridgeton or Dalmarnock in the past three years alone. The spin-offs to the local economy from such numbers are enormous.

“I’m very confident that many more forward-looking and innovative organisations will also be looking to make their presence felt here in the heart of Scotland’s biggest and most ambitious regeneration area.”

More than 45 jobs will be relocated to Glasgow’s east end, when researchers working to address the city’s poor health, move into Bridgeton’s historic Olympia building.

A team of 15 covering five of the University of Glasgow’s schools and nine of its research centres will share the space with 30 staff from the Glasgow Centre for Population Health (GCPH).

The latest move means almost 2,000 office workers have made Bridgeton or Dalmarnock their new home over the last three years.

Social Justice Secretary Alex Neil welcomed the new tenants on a visit to the Olympia, which was reopened by Clyde Gateway after a £10 million refurbishment.

He said: “Thanks to the legacy of the Commonwealth Games and Clyde Gateway’s commitment to redeveloping the area, the east end of Glasgow has transformed beyond recognition over the last few years.

“With the University and GCPH now moving east it’s clear that perceptions are changing and organisations now have the confidence to relocate to this vibrant, evolving area.

“We’ve already seen how physical changes are improving the lives of the people and communities who live there, and these new 45 jobs will bring even more benefits to the local economy.

“I’m excited to see how the tenants will continue their valuable research in these new surroundings, and establish how we can bridge the poverty gap and tackle inequalities in Glasgow.”

Ian Manson, the Chief Executive of Clyde Gateway said: “These are 45 jobs new to the east end of Glasgow and it means we are now getting close to almost 2000 office workers having made their new home in Bridgeton or Dalmarnock in the past three years alone. The spin-offs to the local economy from such numbers are enormous.

“I’m very confident that many more forward-looking and innovative organisations will also be looking to make their presence felt here in the heart of Scotland’s biggest and most ambitious regeneration area.”

More than 45 jobs will be relocated to Glasgow’s east end, when researchers working to address the city’s poor health, move into Bridgeton’s historic Olympia building.

A team of 15 covering five of the University of Glasgow’s schools and nine of its research centres will share the space with 30 staff from the Glasgow Centre for Population Health (GCPH).

The latest move means almost 2,000 office workers have made Bridgeton or Dalmarnock their new home over the last three years.

Social Justice Secretary Alex Neil welcomed the new tenants on a visit to the Olympia, which was reopened by Clyde Gateway after a £10 million refurbishment.

He said: “Thanks to the legacy of the Commonwealth Games and Clyde Gateway’s commitment to redeveloping the area, the east end of Glasgow has transformed beyond recognition over the last few years.

“With the University and GCPH now moving east it’s clear that perceptions are changing and organisations now have the confidence to relocate to this vibrant, evolving area.

“We’ve already seen how physical changes are improving the lives of the people and communities who live there, and these new 45 jobs will bring even more benefits to the local economy.

“I’m excited to see how the tenants will continue their valuable research in these new surroundings, and establish how we can bridge the poverty gap and tackle inequalities in Glasgow.”

Ian Manson, the Chief Executive of Clyde Gateway said: “These are 45 jobs new to the east end of Glasgow and it means we are now getting close to almost 2000 office workers having made their new home in Bridgeton or Dalmarnock in the past three years alone. The spin-offs to the local economy from such numbers are enormous.

“I’m very confident that many more forward-looking and innovative organisations will also be looking to make their presence felt here in the heart of Scotland’s biggest and most ambitious regeneration area.”

The Government has today awarded a £22.1 million grant to a consortium led by construction company, Laing O’Rourke, that will create jobs and boost the building trades .

Administered by Finance Birmingham, the four year grant is towards a £104 million project for the advanced manufacturing of homes, buildings and infrastructure, supporting research and development, investment in new manufacturing facilities and training.

The project work streams will not only address research into modular design and manufacturing, but will also cover structured training initiatives, providing the existing workforce and new recruits with skills around digital engineering, the manufacturing process and installation.

“This grant comes at a critical time for the construction and engineering sector and its supply chain,” says Stephen Harley, Director of Advanced Manufacturing at Laing O’Rourke.

“We estimate that it will create over 600 new, direct jobs and as many as 1,000 across the diverse supply chain. Our consortium of 22 partners integrates the design, manufacturing and assembly construction supply chain with leading research institutions to create a new platform for collaborative innovation.

“The investment is potentially great news for our ability to help address the UK’s housing capacity gap of some 60,000 to 100,000 homes annually, with advanced off-site manufacturing and digital engineering speeding up the provision of affordable, high quality accommodation,” adds Stephen Trusler, Laing O’Rourke’s Accommodation Sector Leader.

“It will also contribute to achieving the UK Government’s strategy for construction targets of 33% lower costs, 50% faster delivery, lower emissions and improvement in exports.”

Business Secretary Vince Cable said: “To have any chance of meeting the demand for affordable homes, the industry must embrace the latest house building technologies and techniques. That’s why I’m delighted to grant £22.1 million worth of funding to help the sector do just that.

“Whether through smart digital design or off-site manufacturing, it’s excellent to see firms like Laing O’Rourke leading by example and laying the foundations for growth.”

The social housing sector remains attractive to lenders, with significant amounts of cash available for building work, according to the latest quarterly survey published by the Homes and Communities Agency.

The regulator monitors and reports on the financial health of the sector as part of a robust approach to protecting social housing assets and helping ensure providers’ contribution to new housing supply.

The 2014 to 2015 Q3 survey reports that the sector’s borrowing facilities total £74.5 billion – of which 75% is bank loans – with £12.3 billion of undrawn facilities. The vast majority of providers anticipate that debt facilities are sufficient for more than 12 months.

Jonathan Walters, Deputy Director of Regulation at the HCA, said: “We continue to monitor the sector’s financial health, and that of individual providers, closely. Overall, the sector remains financially strong and the sector’s position on meeting mark-to-market exposures, for example, remains positive.

“However, providers will be aware that economic conditions remain relatively favourable with low interest rates and increasing sales values, and should monitor their business plan assumptions accordingly. We have recently seen the swap curve fall below 2012 levels; a development that we will continue to monitor. Providers should do the same.

“The regulator’s message remains that the sector is increasingly complex and providers must have a firm grip on the risks they face, with appropriate management strategies in place to mitigate those risks.”